These things going to court you have to Steel Man the argument and if you can do that with a good base for your side being in the right/wining the argument then you may be able to win in court.

And use all of the proceeds from the sale in your purchases you'll defer all tax.This does give you some interesting options because you can allocate those proceeds anyway you want. 

Did the proceeds from the sale count as short term or long term capital gains?

Lets say I die with $200,000 in the bank and right before I die I remember the time I had to go to court to evict one of my tenants..... that would be so sad... 

That would mean splitting the sale proceeds.

I wanted to begin the eviction process ASAP but don't want to wait a month for a court date and find out that it was done incorrectly. thanks for any input

When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.

I’m under contract with my latest flip, the proceeds of which will pay off the heloc that I use to buy and rehab properties.

And to use all of the net proceeds in the purchase or purchases. 

Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.